Use the following to answer questions: 
-(Table: Total Cost for a Perfectly Competitive Firm) Look at the table Total Cost for a Perfectly Competitive Firm. If the market price is $3.50, the profit-maximizing output is _____ units.
Definitions:
Three-Month Period
refers to a fixed duration or span of time encompassing ninety days or roughly one quarter of a year.
Marketing Research Concepts
Key principles and methodologies employed to gather, analyze, and interpret data relevant to marketing decision-making.
Conducting Marketing Research
The process of gathering, analyzing, and interpreting information about a market, about a product or service to be offered for sale in that market.
Challenges
Difficulties or obstacles that need to be overcome in order to achieve a goal or complete a task.
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